Afrimat to expand its national Construction Materials footprint with
20 June 2023 – Leading mid-tier mining and materials company, Afrimat, today announced the acquisition of Lafarge South Africa Holdings (Pty) Ltd ("LSA"), including all its subsidiaries ("LSA Group"), subject to the fulfilment of conditions precedent relating to the receipt of customary regulatory approvals.
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Karel Matthews
Country Head Health and Safety · I am a very good people's person with a mountain load of diverse work experiences. Very optimistic about the future and believe that education plays a huge role in business sustainability and success. I believe in team work and integrated systems to enhance the vision and mission of the organization. I also believe in employee empowerment …
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Servo gearboxes from Bosch Rexroth, distributed and supported across Africa by Tectra Automation, provide precise torque multiplication and inertial matching for industrial motion control equipment. These planetary servo gearboxes – the GTM and GTE series from Bosch Rexroth – are easily mounted to Bosch Rexroth's servo motors to provide ...
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Afrimat acquires Lafarge South Africa
Afrimat has announced the acquisition of Lafarge South Africa Pic: Afrimat. The purchase price for the equity acquisition in the LSA Group is $6 million, with an additional amount of R900 million towards repayment by or on behalf of LSA of an amount owing by LSA to the Holcim Group. The effective date of the acquisition is ten business days ...
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